The biggest ramification of Hanie's release is that the move elevates 2012 second-round draft pick Brock Osweiler to the No. 2 spot on the depth chart behind Peyton Manning for Sunday night's regular-season opener against the Pittsburgh Steelers.
Osweiler completed 48.5 percent of his 33 pass attempts for 139 yards with a touchdown and an interception in four preseason games.
Hanie's release also contained a financial element. Signed to a two-year, $2.9 million contract in early April, Hanie's contract contained no guaranteed money. In lieu of a signing bonus, Hanie was scheduled to receive $1 million in fully guaranteed money and receive a $250,000 roster bonus if he were on the 53-man roster in Week 1, a scenario the Broncos avoided with Saturday's release.
As Mike Klis of the Denver Post notes, it would not be a surprise if Hanie were re-signed Tuesday, at which point his salary for the remainder of the season would not be guaranteed.@brian_mcintyre.